Milk Substitutes - Czechia

Czechia

Highlights

Revenue in the Milk Substitutes market amounts to US$59.71m in 2024. The market is expected to grow annually by 9.55% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$10bn in 2024).
In relation to total population figures, per person revenues of US$5.68 are generated in 2024.
In the Milk Substitutes market, volume is expected to amount to 33.35m kg by 2029. The Milk Substitutes market is expected to show a volume growth of 7.2% in 2025.0.
The average volume per person in the Milk Substitutes market is expected to amount to 2.2kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The Milk Substitutes Market in Czechia is experiencing subdued growth, impacted by factors such as changing consumer preferences and limited product innovation. Convenience and health consciousness continue to drive the market's expansion in the Dairy Products & Eggs sector within The Food market.

Customer preferences: As the demand for plant-based products continues to rise, Czech consumers are increasingly turning to milk substitutes as a healthier and environmentally-friendly alternative to traditional dairy products. This trend is fueled by a growing awareness of the negative impact of dairy farming on the environment and animal welfare. Additionally, with a rise in lactose intolerance and allergies, more individuals are seeking alternatives to traditional dairy. As a result, the milk substitutes market in Czechia is expected to see significant growth in the coming years.

Trends in the market: In Czechia, the Milk Substitutes Market of the Dairy Products & Eggs Market within The Food market is experiencing a surge in demand for plant-based alternatives, driven by consumers' increasing focus on health and sustainability. This trend is expected to continue, as more people adopt vegetarian and vegan diets. As a result, the market is witnessing a rise in innovative products, such as oat milk and almond milk, as well as the expansion of distribution channels, such as online platforms and specialty stores. These developments are significant for industry stakeholders, as they present opportunities for growth and diversification. They also have implications for traditional dairy producers, who may need to adapt their products and business models to stay competitive.

Local special circumstances: In Czechia, the Milk Substitutes Market is influenced by the country's strong dairy tradition and the increasing demand for plant-based alternatives. The market is also impacted by the country's strict labeling laws and regulations, which require clear and accurate ingredient information for all dairy products. Additionally, the growing health and wellness trend in the country has led to a rise in demand for lactose-free and vegan options, driving the growth of the Milk Substitutes Market in Czechia. These factors make the market unique compared to other European countries and shape its dynamics.

Underlying macroeconomic factors: The Milk Substitutes Market in Czechia is heavily influenced by macroeconomic factors such as consumer preferences, government regulations, and economic stability. As the country experiences strong economic growth and rising disposable incomes, there is a growing demand for healthier and more sustainable dairy alternatives. Additionally, government initiatives promoting plant-based diets and sustainable food production are driving market growth. However, fluctuations in global commodity prices and trade policies can also impact the market, as Czechia heavily relies on imports for its milk substitutes. Overall, the market is expected to continue its upward trend, driven by changing consumer preferences and supportive government policies.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.